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Sep 30, 2020
nLIGHT Q3 2020 Earnings Report
Reported record quarterly revenues and exceeded the high-end of third quarter outlook due to strong performance in each of its end markets and geographies.
Key Takeaways
nLIGHT, Inc. reported a 40.9% increase in revenues to $61.7 million for Q3 2020, with a gross margin of 27.8%. The GAAP net loss was $(2.1) million, or $(0.05) per diluted share, while non-GAAP net income was $5.3 million, or $0.12 per diluted share.
Delivered record quarterly revenues and exceeded the high-end of third quarter outlook.
Strong performance in each of the end markets and geographies.
Increased sales and a favorable mix resulted in higher gross margins and better overall profitability compared to the prior quarter.
Continue to see strong demand from customers globally in the fourth quarter.
Revenue by Segment
Forward Guidance
For the fourth quarter of 2020, nLIGHT expects revenues to be in the range of $59 million to $65 million, gross margin to be in the range of 25% to 29%, and Adjusted EBITDA to be in the range of $3 million to $7 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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